Nov 26, 2012 7:00pm PST
the state for the november 6th election. >>> the u.s. congress returned from its holiday realize today, to look over the so-called fiscal cliff. some existing tax cuts will expire. that could slow the economy or even move it back into recession. up until now, republicans have been unwilling to consider raising taxes, something that democrats say has to change. >> as president eisenhower says, there will have to be compromises and seeking the middle of this rote isn't just acceptable, it's the only way forward. >> most republicans signed a pledge to never raise taxes, but gop law makers say that now they'll have to put that pledge aside for the good of the nation. >>> on wall street, the markets.finished mixed, nasdaq gained nine, apple leading the way up 8%. >>> shareholders. some analysts had suggested that investigators are underestimate's facebook's growth potential from ad revenue. the stock gained 8% today but is still well below its public offering price. six months ago, the company went public with an ipo price of $38 a share. >>> securities and exchange commission. walters who'
Nov 26, 2012 11:30pm PST
be in the race to replace debra boing. the secretary of state oversees the state's elections. 1million californians recently took advantage of a law yee authored enabling californians to register to vote online. >>> prosecutors say kinde durkee pled guilty of stealing money from her clients including senator feinstein. >>> a phony press release was posted on pr web announcing google has purrtured ikoa for $400 million. ikoa stock raised sharply but dropped back when the company's ceo said there was no sale. there's no word yet if the secures and exchange commission will look into the matter. >>> concerns about the looming fiscal cliff and how that could affect state tax. noelle walker looks at how much the average investor could pay at the beginning of the year. >> reporter: whráepb the bell rings, -- when the bell rings, it was an up and down day. >> how the u.s. economy is going to be doing. >> reporter: one thing that kept stocks on an even keel, holiday retail sales are already up and many are giving themselves the gift of stockdividends this year. why sale? right now the capital